Stoyo Karagenski

Emergency Situation Declared in Smolyan and Karlovo

As a result of the stormy wind in Smolyan this morning was declared a state of emergency because of closed roads as a result of uprooted and fallen trees and interrupted power supply. There is no electricity in Turian, Stanevska Mahala, River, Trebishte, the whole Ardensko river, Momchilovtsi, Sokolovtsi and Tikale, Taran.

Chinese Consortium to Invest BGN 20 M in Bulgaria's Karlovo

A Chinese venture is planning to invest in production of probiotics and synbiotics in the Bulgarian town of Karlovo, municipal officials have revealed.

Local authorities signed on June 6 a preliminary agreement with the consortium, and details are due to be clarified later this month, Karlovo Municipal Council Chairman Stoyo Karagenski was quoted by Dariknews.bg as saying.